Morgan Stanley downgrades Caterpillar, says inventory is operating ‘out of steam’

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Morgan Stanley downgrades Caterpillar, says inventory is operating ‘out of steam’

An worker assembles an excavator on the Caterpillar Inc. manufacturing facility in Victoria, Texas. Callaghan O’Hare | Bloomberg | Getty Photos Caterpillar shares have been downgraded Friday by an analyst at Morgan Stanley amid issues round two of the economic’s key enterprise segments. cnbc.com


An worker assembles an excavator on the Caterpillar Inc. manufacturing facility in Victoria, Texas.

Callaghan O’Hare | Bloomberg | Getty Photos

Caterpillar shares have been downgraded Friday by an analyst at Morgan Stanley amid issues round two of the economic’s key enterprise segments.



cnbc.com